Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I have no idea how to do this without opening yourself up to near-trivial cheating either, as the validation of work isn't intrinsically linked to the actual effort like current crypto coin systems rely on.

And if there's a centralized arbiter validating people's capture results, then you've just invented a centralized currency? Why have crypto at all? It sounds like carbon credits (with all it's failings) with extra steps.



Also runs afoul of the cobra effect -- people can burn more stuff to produce CO2, then capture and deliver it to retrieve coin.


> Also runs afoul of the cobra effect

And if it didn’t fall foul of that and if CO2 was over captured then most life on earth would die.


I don't think we have to worry about that any time soon.


> I have no idea how to do this without opening yourself up to near-trivial cheating either, as the validation of work isn't intrinsically linked to the actual effort like current crypto coin systems rely on.

This is known as the oracle problem and is actively being worked on.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: